Cost inflation slowing for upstream projects
Costs rose seven percent in the last six months, compared with a 13 percent rise in the previous half-year period, survey shows
For Petroleum News
Costs for upstream capital projects in the oil and gas industry continue to climb, but at least the rate is slowing a bit. Over the last six months, costs rose by 7 percent, according to Cambridge Energy Research Associates. That was only about half the rate of climb in the prior six months.
[additional news subjects in this story]
Domestic rig costs down
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $69 per year.
Subscribers log in here to read the entire newspaper (1998 to 06/24/2013)
Print this story | Email it to an associate.
Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
[email protected] --- http://www.petroleumnews.com ---
S U B S C R I B E
Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©2013 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.